Like the uninsured
motorist (UM) policy, the underinsured motorist (UIM)
policy, is required by a number of states. This insurance
generally covers medical costs up to the maximum liability
amount that is carried by the driver, if the accident was
caused by a motorist who was underinsured.
NOTE: Both the underinsured motorist (UIM) and uninsured
motorist (UM) policies are not expensive. These policies should
be purchased by every auto
insurance policy holder, even if not required by the state. |
